City of San José - File #: ROGC 21-122

• File #: ROGC 21-122
• Version: 1
• Type: Rules Committee Reviews, Recommendations and Approvals
• Status: Agenda Ready
• File created: 1/28/2021
• In control: Joint Meeting for the Rules and Open Government Committee and Committee of the Whole
• On agenda: 2/3/2021
• Title: 457 Plan Resolution (Davis)

Date	Ver.	Action By	Action	Result
2/3/2021	1	Joint Meeting for the Rules and Open Government Committee and Committee of the Whole

...Title

457 Plan Resolution (Davis)

...Recommendations

Direct staff to bring to City Council a resolution to allow current members of City Council who participate in the 457 plan in lieu of CalPERS participation to move prospectively into the City’s 401(a) plan and mandate that new Councilmembers and Mayors have the option between the defined benefit CalPERS plan and the defined contribution 401(a) plan.